This report analyzes and compares INSTALLED BUILDING PRODUCTS' employee health insurance and employee benefits with its industry and in Ohio State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
INSTALLED BUILDING PRODUCTS has top-notch career benefits that have a great impact on employees' career. There are several coaching and mentoring programs, as well as onboarding program for new employees to help them fit in the INSTALLED BUILDING PRODUCTS. top-notch tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: INSTALLED BUILDING PRODUCTS offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, INSTALLED BUILDING PRODUCTS makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: INSTALLED BUILDING PRODUCTS does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: INSTALLED BUILDING PRODUCTS offers superior development resources to enable its employees to grow on a personal and a professional plan. With access to superior intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: INSTALLED BUILDING PRODUCTS has a valuable GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: INSTALLED BUILDING PRODUCTS believes that providing its team members with extraordinary leadership programs is a crucial step in creating new leaders. By using extraordinary tools that INSTALLED BUILDING PRODUCTS provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: INSTALLED BUILDING PRODUCTS is aware of the difficulties that new employees might experience when they join the team. That's why INSTALLED BUILDING PRODUCTS has a suitable Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: INSTALLED BUILDING PRODUCTS knows that dedicated team members are hard to come by so it has an extraordinary Recognition program for those who stand out and continually contribute to INSTALLED BUILDING PRODUCTS.
- TUITION REIMBURSEMENT: INSTALLED BUILDING PRODUCTS has a valuable Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | INSTALLED BUILDING PRODUCTS | Industry | Ohio |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
INSTALLED BUILDING PRODUCTS offers remarkable health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy INSTALLED BUILDING PRODUCTS's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: INSTALLED BUILDING PRODUCTS has an extraordinary counseling program for its employees and their family members. Team members are encouraged by INSTALLED BUILDING PRODUCTS to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This extraordinary counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: INSTALLED BUILDING PRODUCTS cares about its team members' dental health so it offers an excellent dental plan for employees and their family members that fully covers all sorts of preventative dental care as well as reconstructive surgeries and other orthodontia services.
- HEALTH INSURANCE: INSTALLED BUILDING PRODUCTS offers a solid health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, INSTALLED BUILDING PRODUCTS offers great health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: INSTALLED BUILDING PRODUCTS has a superb healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, INSTALLED BUILDING PRODUCTS has created a top-notch maternity support program to support its expecting team members.
- TELEHEALTH: INSTALLED BUILDING PRODUCTS has an excellent telehealth policy that provides its employees and their family members with a great variety of fully covered telehealth services from health professionals all over the country. This way, employees can get medical help even in the middle of the night.
- VISION PLAN: INSTALLED BUILDING PRODUCTS provides a top-notch Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | INSTALLED BUILDING PRODUCTS | Industry | Ohio |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
INSTALLED BUILDING PRODUCTS offers first-class financial benefits for employees and their family members. A first-class 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: INSTALLED BUILDING PRODUCTS does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: INSTALLED BUILDING PRODUCTS has a superior Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by INSTALLED BUILDING PRODUCTS.
- BONUS PAY: INSTALLED BUILDING PRODUCTS has a valuable bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: INSTALLED BUILDING PRODUCTS cooperates with partners and team members are eligible for top-notch discounts for a primary childcare.
- COMMUTER BENEFIT: INSTALLED BUILDING PRODUCTS offers impressive commuter benefits for its team members and enables them to pay for all sorts of transportation fees, regardless of their distance from the place of work and the costs involved.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: INSTALLED BUILDING PRODUCTS offers a top-notch daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: INSTALLED BUILDING PRODUCTS offers a superior short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: INSTALLED BUILDING PRODUCTS has a superior life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: INSTALLED BUILDING PRODUCTS has an extraordinary vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: INSTALLED BUILDING PRODUCTS recognizes the importance of giving back to the community so it offers a great volunteer time off program for its team members. Employees are encouraged to spend up to 20 working hours per year, paid by INSTALLED BUILDING PRODUCTS, on volunteer work of their choice.
- PARENTAL LEAVE: INSTALLED BUILDING PRODUCTS has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | INSTALLED BUILDING PRODUCTS | Industry | Ohio |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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